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for tax increases every other day, every day for that matter, and those are mott going to deal with -- not going to deal with the spiraling out-of-control spending that rawses the need for more debt -- raises the need for more debt. again, the differences on this subject, mr. speaker, are well-known, and i'm hopeful that we can work towards setting aside the differences, focusing in on how far we can rk towards accomplishing cc dealing with the problem of the mounting unfunded liabilities of the federal government. i yield back. . ha the gentleman for his observation. let me, if i can, some irony in the gentleman's response. we've been talking about two items. one, the going to conference, i eal with prospective spending, prospective increase in debt or deficit because we buy more or spend more or cut revenues more. the debt limit, as the gentleman so well knows, deals with what we've already done. doesn't have anything to do with increasing what we're going to spend. the budget does that. now, we're not dealing with the budget, but there is discussion dealing with this priorit
's winter of discontent, when britain had double-digit inflation, a top income tax rate of 83% and rising unemployment. and she revolutionized the economy with free-market ideas in her ten years of service that ushered in a new decade of prosperity. when she took office, the top income tax rate was 83%. it was cut to 60% and then to 40%. the middle tax rate was cut to 30%. and the lowest tax rate was eliminated altogether. when she took office, the top corporate tax rate was 53%. she cut it to 35%. the top capital gains tax rate was a stifling 75%. thatcher cut it to 30%. and as a result, a progrowth policies, unemployment fell from a high of 12% early in her tenure to 7.5% near the end. public spending as a percentage of g.d.p. fell from 45.1% of g.d.p. to 39.4% of g.d.p. and inflation fell from almost 22% in 1979 to a low rate of 2.4% in 1986. but perhaps the most telling tribute to margaret thatcher's leadership is that three days after she gave her britain await speech, that heroic speech she was dubbed "the iron lady" in the communist news outlet "the red star." when your military en
and use tax laws and for other purposes. mr. reid: mr. president, i would object to any further proceedings in regard to this bill. the presiding officer: objection having been heard, the bill will be placed on the calendar. mr. reid: mr. president, today this august body will honor the memory of 20 first-grade children, little babies who were gunned down, most of them shot multiple times. we will also honor the teachers and administrators who were killed that day in newtown, connecticut. but we're also going to honor with this legislation tens of thousands of others who were killed by guns each year here in america. we're going to do that by voting on a number of measures to strengthen the laws to prevent gun violence in this nation. mr. president, the families of innocents killed in newtown, aurora, in carson city, blacksburg, in oak creek and columbine really deserve these votes. where do i stand on these democratic proposals? this afternoon the senate will vote on a compromised background check proposal crafted by senators manchin, toomey, kirk and schumer, all experienced l
and tax returns are not included in any information voluntarily shared with the government under cispa. through the under-- though the underlying bill would not permit this information unless it is a cyberthreat information, i bill support this amendment as it settles some members' concerns and reflects an amendment passed last year overwhelmingly. with that, madam chair, i urge this body's support of this clarification amendment and reserve the -- reserve the balance of my time. the chair: the gentleman from michigan reserves. the gentleman from maryland. mr. ruppersberger: i rise in opposition even though i am not opposed. the chair: the gentleman is recognized. mr. ruppersberger: i support chairman ronellers' amendment ensure the privacy. i yield back. the chair: the gentleman from maryland yield back. the gentleman from michigan. mr. rogers: i yield back. the chair: the question is on the amendment offered by the gentleman from michigan. those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it. the amendment is agreed to. the gentleman from michigan
possessed in this country? and who would pay for it? would gun owners be subject to still more fees or taxes for exercising their second amendment rights? who would have access to the so-called registry? would the public know who owns guns and who does not? who would ensure that this sensitive information is protected and not used for political purposes, and how? we do not know the answers to these questions, but we do know that such restrictions will not prevent the next tragedy. we should not start down this dangerous road. what should we do instead? i have a few suggestions. instead of undermining the second amendment, mr. president, congress should focus its attention on three areas. first, i believe that robust prosecution of violent criminals is the best deterrent for violent crime. prosecutors should punish to the fullest extent of the law individuals who misuse guns, knives or anything else to commit violent crimes. there should be no leniency, mr. president, what ever for the commission of such crimes. secondly, we should examine and address any deficiencies -- and we have them -- i
Search Results 0 to 4 of about 5